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Company:
Ocean Spray Cranberries, Inc.
Plan:
Savings Plan for Salaried Employees of Ocean Spray Cranberries, Inc.
 

Ocean Spray Cranberries, Inc.

81 Plan:

 
 
81
11
69
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (81) and the top rated plan (87) could equate to:
[How is this calculated?]
4 additional years of work
Up to $72,600 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Savings Plan for Salaried Employees of Ocean Spray Cranberries, Inc. is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 81, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, and Salary Deferral. Savings Plan for Salaried Employees of Ocean Spray Cranberries, Inc. currently has over 1,100 active participants and over $128.3M in plan assets.

 

 Retirement Plan Details

Address One Ocean Spray Drive
Lakeville-Middleboro, MA 02349 
Industry Manufacturing
Administrator Paul Wagner
Sponsor Kathy Morey
Net Plan Assets $128,000,000
Total Participants 1,100
Avg Account Balance $110,000

 Compare Other Companies in Peer Group

Super Store Industries 77.6
The J.M. Smucker Company 73.6
McCain Foods USA 69.5
Great Lakes Cheese Co. 57.0
Truitt Bros. 56.4
B & G Foods 52.6

 Top 3 Funds in this 401k

1. Fidelity Managed Income Portfolio 15%
2. Fidelity Spartan 500 Index 13%
3. Fidelity Growth Company 11%

  Plan Service Providers

Consultant PricewaterhouseCoopers LLP
Consultant New England Pension Consultants (NEPC)
Auditor PricewaterhouseCoopers LLP

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